Post by areloz on Jun 25, 2020 5:44:41 GMT
In Access I have 3 out of 21 loans marked as "Has the Provision Fund made a repayment on behalf of the borrower?" = Yes
-
Is that an indicator of the overall RS default rate?
- What ratio do others have?
- Why is it a Ratesetter decision as to whether the provisioning fund will cover it or not?
Surely all defaults are covered by the fund, that is its purpose.
Regarding the information per Borrower:
- We heard in this forum that once RS has paid the interest/capital 3 times, does RS set "Has the borrower defaulted?" to Yes?
- I have no loans set to Yes
- How what does the setting "Does RateSetter consider that the borrower will repay in full?" mean
- I have no loans set to No
yet I have loans where the provisioning fund has paid. Looks misleading to me.
Finally, what is the meaning of the Loan Number prefix - L or G - I can see it does not correlate with Loan Type or Borrower Category, so what does it correlate with?
-
Is that an indicator of the overall RS default rate?
- What ratio do others have?
- Why is it a Ratesetter decision as to whether the provisioning fund will cover it or not?
Surely all defaults are covered by the fund, that is its purpose.
Regarding the information per Borrower:
- We heard in this forum that once RS has paid the interest/capital 3 times, does RS set "Has the borrower defaulted?" to Yes?
- I have no loans set to Yes
- How what does the setting "Does RateSetter consider that the borrower will repay in full?" mean
- I have no loans set to No
yet I have loans where the provisioning fund has paid. Looks misleading to me.
Finally, what is the meaning of the Loan Number prefix - L or G - I can see it does not correlate with Loan Type or Borrower Category, so what does it correlate with?